Answer:
a) $109
b)
c)
Step-by-step explanation:
a) The marginal cost, or the cost per additional unit, is given by the derivate of the cost function:
b) Profit is given by Revenue minus Cost:
c) The marginal profit for 8 units, is given by the difference in profit for 9 units and 8 units:
Answer:
c) H0 : p = 5.8%
H1 : p > 5.8%
Step-by-step explanation:
At the null hypothesis, we test that the percentage is equal to a certain value. At the alternate hypothesis, we have a test about this percentage, if it is more, less, or different from the tested value.
A psychologist claims that more than 5.8 percent of the population suffers from professional problems due to extreme shyness
At the null hypothesis, we test if the percentage is 5.8%
At the alternate hypothesis, we test if this percentage is more than 5.8%. So
This means that the correct answer is given by option c.